New businesses registered (number) in Luxembourg
Luxembourg: New businesses registered was 9,137 number in 2024. ▲ Rising
New businesses registered in Luxembourg, 2008–2024
Source: Entrepreneurship Database, World Bank (WB). Measured in number.
Analysis
The most recent figure for new businesses registered in Luxembourg is 9,137 number, measured in 2024.
The figure is up 6.4% on the previous year and down 9.5% over ten years.
Over the whole period, new businesses registered in Luxembourg peaked at 12,644 number in 2021 and was at its lowest, 6,372 number, in 2009.
Luxembourg ranks 89th of 177 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 17 years of available data.
New businesses registered in Luxembourg, year by year
| Year | number | Change |
|---|---|---|
| 2008 | 8,793 number | — |
| 2009 | 6,372 number | -27.5% |
| 2010 | 7,241 number | +13.6% |
| 2011 | 7,857 number | +8.5% |
| 2012 | 7,863 number | +0.1% |
| 2013 | 9,167 number | +16.6% |
| 2014 | 10,099 number | +10.2% |
| 2015 | 9,349 number | -7.4% |
| 2016 | 8,576 number | -8.3% |
| 2017 | 8,940 number | +4.2% |
| 2018 | 9,912 number | +10.9% |
| 2019 | 9,828 number | -0.8% |
| 2020 | 9,609 number | -2.2% |
| 2021 | 12,644 number | +31.6% |
| 2022 | 11,091 number | -12.3% |
| 2023 | 8,587 number | -22.6% |
| 2024 | 9,137 number | +6.4% |
Luxembourg compared with similar countries
- Luxembourg's 9,137 number is below the median for high income countries, which is 19,050 number, 48% of the median. (63 countries reporting)
- Luxembourg's 9,137 number is below the median for Europe & Central Asia, which is 19,136 number, 48% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,582 number | 6,372 number | 8,793 number | 2 |
| 2010s | 8,883 number | 7,241 number | 10,099 number | 10 |
| 2020s | 10,214 number | 8,587 number | 12,644 number | 5 |
Countries ranked near Luxembourg
- 86 Dominican Republic 10,204 number compare
- 87 Burkina Faso 10,046 number compare
- 88 Kyrgyzstan 9,638 number compare
- 90 Kosovo 8,824 number compare
- 90 Kosovo (UNSCR 1244) 8,824 number compare
- 92 Serbia 8,788 number compare
More private sector data for Luxembourg
- Merchandise trade 46.0% (2025)
- Food imports 14.8% (2024)
- Manufactures imports 65.2% (2024)
- Merchandise imports 28.17 billion current US$ (2025)
- Food exports 11.8% (2024)
- Manufactures exports 80.4% (2024)
- Merchandise exports 18.39 billion current US$ (2025)
- Merchandise exports (current US$), per capita 26,770 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.1818 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 13.54 % change on previous year (2025)
Frequently asked questions
- What is new businesses registered in Luxembourg?
- New businesses registered in Luxembourg was 9,137 number in 2024, according to Entrepreneurship Database, World Bank (WB).
- What is the highest new businesses registered recorded in Luxembourg?
- The highest recorded value was 12,644 number in 2021.
- What is the lowest new businesses registered recorded in Luxembourg?
- The lowest recorded value was 6,372 number in 2009.
- How does Luxembourg rank for new businesses registered?
- Luxembourg ranks 89th out of 177 countries with data for 2024.
- Is new businesses registered rising or falling in Luxembourg?
- Over the last ten years it is down 9.5%. The long-run trend across the full record is rising.
- Where does this Luxembourg data come from?
- The figures come from Entrepreneurship Database, World Bank (WB), published as part of New businesses registered (number). Statizoid updates them automatically from the source API.
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About this data
New businesses registered are the number of new limited liability corporations (or its equivalent) registered in the calendar year.